Multi-Purpose Community Action Agency Inc

Analysis

Multi-Purpose Community Action Agency Inc is a registered charity in United States, based in Shelbyville, KY. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Multi-Purpose Community Action Agency Inc reported income of $2.2m and spending of $2.3m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.2m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Multi-Purpose Community Action Agency Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include R a I N Total Care Inc ($2.2m), Matthew 25 ($2.2m) and Newton Food Pantry Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $215k (9.4% of expenses). Other salaries and wages came to $194k. At year end it held assets of $343k against liabilities of $195k, net assets of $148k. It reported 23 employees.